Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Gold Reserve Ltd V.GRZ

Alternate Symbol(s):  GDRZF

Gold Reserve Ltd., formerly Gold Reserve Inc., is an exploration stage company. The Company is engaged in the business of acquiring, exploring and developing mining projects. The Company owns certain wholly owned mining claims known as the LMS Gold Project (the LMS Property), together with certain personal property. The LMS Property is situated approximately 20 kilometers (km) north of Delta Junction, and 150 km southeast of Fairbanks, Alaska in the Goodpaster Mining District. The LMS Property, located in Alaska, remains at an early stage of exploration with limited annual on-site activities being conducted by the Company.


TSXV:GRZ - Post by User

Comment by RIDER1975on Oct 18, 2023 4:46pm
108 Views
Post# 35689827

RE:Share price

RE:Share priceMany thanks for your thoughts!
It is not so easy to compare GRZ and RML position. RML s claim is prior to GRZ's, and although they may not be financially as strong as GRZ, their claim compared to their current sp is much higher  With a certain possibility we are talking about hundreds of millions dollar (1.5 bn....), an additional year long delayment would only take a few million in litigation (and operation) costs, I guess.
Anyway I hold both.

(To be honest, I couldnt resist the temptation to not taking profit after six-to-sevenfold movement, thus I halved my positions. But in case any additional delayment or other litigation development results a significant fall, I would buy in again.)

<< Previous
Bullboard Posts
Next >>